Altcoin – Trustworthy Decentralized Cryptocurrency Exchange?

Altcoin.io is a decentralized cryptocurrency exchange that aims to offer better service than today’s biggest exchanges. Find out how it works today in our review.

What Is Altcoin?

Altcoin.io is a cryptocurrency exchange that’s currently in development. The exchange aims to be “the first decentralized exchange built by traders, for traders.”

As the name of the website suggests, Altcoin.io focuses on altcoins – which typically refers to any coins that aren’t bitcoin:

“Altcoin.io's mission is to bring the entire altcoin community together to build something great — with the purpose of bringing this market out of the shadows with transparency, trust, and honesty,” explains the official website.

You can view screenshots of the exchange online at Altcoin.io. Those screenshots show BTC, ETH, XMR, and USDT as the four major markets currently available through the platform. In the Bitcoin market, you’ll see ETH, XRP, BCH, LTC, DASH, XEM, XMR, MIOTA, and ETC, among other altcoins.

Overall, the Altcoin.io website has limited information about the project. However, you can submit your email address to the website to receive early access to the platform at some point in the future. It’s not clear when the platform will be released.

Altcoin Features

There’s limited information about the exchange available online. Aside from a few screenshots and bullet points, we don’t have much information about the exchange or how it will work. There’s no whitepaper. However, here are some of the key features that have been mentioned on the website so far:

Transparency:

Altcoin.io aims to provide better transparency than other exchanges. Today, the cryptocurrency space is filled with markets that are difficult to navigate. The altcoin space contains companies with limited business experience, yet find themselves in charge of cryptocurrencies with enormous market caps. Altcoin.io aims to “bring a new approach to this industry that is both transparent and provides the best customer support in the business.”

Advised By Active Cryptocurrency Traders:

Who’s Behind Altcoin?

The Altcoin.io website isn’t totally clear about who’s running the company. The website features a subheading for “Team, Investors, & Advisors”. No specific positions are listed under that heading, although about 10 different people are listed.

Some of those people include Andrew Gazdecki, the current CEO of Bizness Apps; Alan Ezeir, a serial entrepreneur with multiple technology exits; Nick “Pizpie” Cote, an industry expert who has been trading bitcoin full time since 2013; and CryptoBull, a bitcoin investment analysis platform.

Altcoin Conclusion

There isn’t much to say about Altcoin.io at this point in time. The website features a basic overview of the company’s broad goals for the platform. There’s no specific information available, and the platform seems to be in the early stages of development. We don’t have a whitepaper, and the “team” section of the website makes it difficult to determine who’s involved with the project – and who’s just an advisor.

Despite the lack of information, Altcoin.io lets users sign up for early access at Altcoin.io. It’s unclear when the exchange will be available for early access.